[Obama_Is_Sabotaging_America]

Romney needs to EXPLAIN how taxes CURRENTLY affect the wealthy.. GIVE US A DOLLAR AMOUNT, MITT!! Tell us how much YOU paid in taxes, like $3.2 MILLION in 2011!! This is the only way some Americans will understand it. Some wealthy folks pay MILLIONS in taxes. 0bama talks this issue up like they don’t pay ANYTHING compared to the Middle Class. RIDICULOUS!

[Sacajaweau]

Romney gives a tremendous amount to Charity...which I'm sure is better than giving it to the government. Of course that's because of his beliefs and obligations and the huge sum of money involved.

People like Romney KNOW what to do with their money to gt the most out of it....unlike the government.

Wonder what Bill Gates pays??

[EBH]

Romney, doesn’t need to explain the millions rich folk already pay in taxes. He needs to explain the fundamentals as to why having a rich man and the entrepreneur work together. People don’t seem to understand the idea of broadening the tax base actually creates more revenue by keeping money in the private sector.

0bama’s mind seems to not understand how to grow the economy and why his plan is causing stagflation leading to the fiscal cliff of collapse. Here’s some basic math for you Mr. President since you don’t get Economy 101 and would rather create an economy tax:

Don’t know what is so hard for people to understand about broadening the tax base makes the economy grow. And raising taxes on the last of our producers stifles growth and increases debt.

If I make $1000 and 30%, that’s $300.00, go to pay taxes how does raising my taxes create jobs? So you raise my taxes to 40%, that is now $400 out of my income of $1,000. Whoopiee...I gave the government $100 more to keep you on your welfare.

But...let’s say you lower the tax rat to 20% Right now I work from 6am until 11pm and NEED to hire at least 1 part time worker to lift my workload and grow my business. All of a sudden I have $100 to put towards that new employee. Now, since my business is growing ...I actually need two or three employee’s. Why lookie there....income goes from $1,000 to $3,000, plus the tax base increase by 3x.

So for a 10% tax cut the government gets an increase in revenue. Instead of $200....it becomes $600. And over a month’s time that $100 part time employee contributes $45, times 3 employees= $135 in tax revenue. Plus they are either leaving welfare rolls and the government entitlement rolls.

Obama’s plan would yield only $400 in additional revenue and no GDP growth.

Romney’s plan would yield $735 in additional revenue and growing businesses and less folks on welfare. Thereby we can cut the spending and pay the debt.